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WWE COVID-19 RELEASE MEGATHREAD


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Summary of the call via PWInsider (via another forum)

Cutbacks and furloughs for staff
Pay cuts for board members and execs
Delayed the plan to move HQ out of Titan Tower to the new building in Stamford
Cuts to talent and overall head count
Some will go on furlough, others let go
Employees will get texts about where they stand going forward

A text!?

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8 minutes ago, Zimbra said:

Summary of the call via PWInsider (via another forum)

Cutbacks and furloughs for staff
Pay cuts for board members and execs
Delayed the plan to move HQ out of Titan Tower to the new building in Stamford
Cuts to talent and overall head count
Some will go on furlough, others let go
Employees will get texts about where they stand going forward

A text!?

Those grapefruits have shriveled.

Edited by The Natural
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9 minutes ago, Zimbra said:

Summary of the call via PWInsider (via another forum)

Cutbacks and furloughs for staff
Pay cuts for board members and execs
Delayed the plan to move HQ out of Titan Tower to the new building in Stamford
Cuts to talent and overall head count
Some will go on furlough, others let go
Employees will get texts about where they stand going forward

A text!?

“Social distancing, pal! Now let the show go on! *Beeep* Whoops my Hot Pocket is done. I’m going to shut this Zoom talk, and have lunch while you guys prepare to film a live program in Orlando.”

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The company that can afford to throw dozens of millions of dollars away on a vanity Football project can't afford to pay it's independent contractors their guaranteed deals? Bollocks.

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3 minutes ago, AxB said:

The company that can afford to throw dozens of millions of dollars away on a vanity Football project can't afford to pay it's independent contractors their guaranteed deals? Bollocks.

This was before a Virus shut the world down.

 

You're also nuts if you think WWE is going to be the only wrestling company that needs to reduce spending.

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5 minutes ago, AxB said:

The company that can afford to throw dozens of millions of dollars away on a vanity Football project can't afford to pay it's independent contractors their guaranteed deals? Bollocks.

What? No! That was Alpha Entertainment, pal.

You know maybe the “Independent Contractors” should unionize.

Edited by LoneWolf&Subs
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8 minutes ago, RIPPA said:

One would assume that 205 Live and NXT UK guys are in the group they are talking about

(And probably NXT signees not on TV)

JTG just changed his number, just in case. 

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4 minutes ago, Raziel said:

This was before a Virus shut the world down.

 

The company's major revenue stream is it's TV deals. It is still doing live TV, therefore it's still getting paid for those shows.

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So you can afford to give DeSantis what 10 million dollars a day after the "essential" decision on basically everything is made  but have to gut you staff at the same time?  Man even Eric Bischoff thinks that is douchey

 

Edited by hammerva
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17 minutes ago, hammerva said:

So you can afford to give DeSantis what 10 million dollars a day but have to gut you staff at the same time?  Man even Eric Bischoff thinks that is douchey

 

This company.

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26 minutes ago, hammerva said:

So you can afford to give DeSantis what 10 million dollars a day after the "essential" decision on basically everything is made  but have to gut you staff at the same time?  Man even Eric Bischoff thinks that is douchey

 

That’s Linda’s money, pal! Can’t trace that shit to me.

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5 minutes ago, LoneWolf&Subs said:

Wait, wouldn’t they save money if they ran a taped show?

The problem is that they think that FOX and USA are going to pull the plug if they don't run live shows.   The key word really is think.  I don't think we have heard that officially.  If FOX and USA did that, i guess the issue is then does the loss of TV money offset the money saved

 

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46 minutes ago, hammerva said:

The problem is that they think that FOX and USA are going to pull the plug if they don't run live shows.   The key word really is think.  I don't think we have heard that officially.  If FOX and USA did that, i guess the issue is then does the loss of TV money offset the money saved

 

Yeah, currently the way they’ve been reporting about it, Vince is the only one that thinks Fox, and USA will use that loophole. It is a possibility though. But would they given they are the only scripted programming providing them fresh content?

Edited by LoneWolf&Subs
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